5th July 2021
PRESS RELEASE
NOTIFICATION OF DELAY IN THE FILING OF AFRICAN ALLIANCE INSURANCE PLC’S AUDITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2020
African Alliance Insurance Plc regrets to notify its esteemed shareholders and other stakeholders that
the Company’s audited financial statements (AFS) for the year ended 31st December 2020 could not be
filled within the regulatory timeline of 31st March, 2021 and the Cure Period1
timeline of 29th June 2021
The Company has submitted its Audited Financial Statement to its primary regulator, National Insurance
Commission (NAICOM) and is awaiting its approval, hence, the delay in filing the Audited Financial Statement to the Nigerian Exchange Limited and by extension the investing public.
We wish to reassure you that the Company is working assiduously towards submitting its Audited
Financial Statements and is hopeful of doing so on or before 6th August 2021.
Thank you.
ANTHONIA UDEH
PP: TOPE ADEBAYO & CO.
COMPANY SECRETARY
